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Meaning of vesting

Source language: EnglishDictionary language: English

vesting

verb

Definitions

  1. To clothe with, or as with, a vestment, or garment; to dress; to robe; to cover, surround, or encompass closely.

  2. To clothe with authority, power, etc.; to put in possession; to invest; to furnish; to endow; followed by with and the thing conferred.

    Example: to vest a court with power to try cases of life and death

  3. To place or give into the possession or discretion of some person or authority; to commit to another; with in before the possessor.

    Example: The power of life and death is vested in the king, or in the courts.

  4. To invest; to put.

    Example: to vest money in goods, land, or houses

noun

Definitions

  1. The entitlement of an employee to receive the full benefit of a pension at normal retirement age or a reduced pension upon early retirement even upon change of employer before retirement.

  2. The entitlement of an employee to exercise a stock option after a predetermined period of time.

  3. Cloth for making vests.

  4. A vest pattern.